ECOSPHERE TECHNOLOGIES INC 4
4 · ECOSPHERE TECHNOLOGIES INC · Filed May 25, 2016
Insider Transaction Report
Form 4
MCGUIRE JACQUELINE K
Sr.VP of Administration & Sec10% Owner
Transactions
- Award
Stock Options (Right to Buy)
2016-05-23+1,867,746→ 1,867,746 totalExercise: $0.04Exp: 2019-11-25→ Common Stock (1,867,746 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2016-05-23−1,867,746→ 0 totalExercise: $0.17Exp: 2019-11-25→ Common Stock (1,867,746 underlying)
Footnotes (3)
- [F1]In accordance with Rule 16b-3 of the Securities Exchange Act of 1934, the reporting person agreed to cancellation of an option previously granted to her in exchange for a new option having a lower exercise price.
- [F2]Mrs. McGuire agreed not to exercise these options in order to raise additional capital for the issuer to stay operational.
- [F3]Mrs. McGuire agreed not to exercise these options pending an increase in authorized capital.